International Commodity Policy - A Quantitative Analysis (Hardcover)

Originally published in 1993, provides an excellent analysis of commodity policies internationally during the late 20th Century. It discusses 2 major methods of market regulation: price stabilization - based on buffer stocks or export quotas - and compensatory finance. The authors analyse whether major commodity policies have reached their primary objectives and to what extent they have had economic side effects. Discussion of more general policy issues centres around three international commodity agreements for coffee, rubber and cocoa. The authors also look at the policies adopted by individual nations to regulate commodity trading and assess to what extent they have reached their objectives. A discussion of the intervention of the International Monetary Fund and STABEX assesses the degree of stability they can provide in a highly volatile and variable environment. Nearly 30 years later, volatile world commodity markets are still a major issue in the policy dialogue. Although topics, policy instruments and concepts have changed, this book remains a fundamental contribution to the study of international commodity policy. It will be of great interest to students of commodity policy and economic development and economists in national and international organizations dealing with market stabilization.

General

Imprint:	Taylor & Francis
Country of origin:	United Kingdom
Series:	Routledge Revivals
Release date:	April 2023
First published:	1993
Authors:	Roland Herrmann • Kees Burger • Hidde P. Smit
Dimensions:	216 x 138mm (L x W)
Format:	Hardcover
Pages:	322
ISBN-13:	978-1-03-245904-2
Categories:	Books > Business & Economics > Industry & industrial studies > Primary industries > Agriculture & related industries Books > Business & Economics > Economics > International economics > International trade > General
LSN:	1-03-245904-2
Barcode:	9781032459042

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